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OXG secures new shareholder and funding

Summary by AI BETAClose X

Vodafone Group Plc has announced that Societe Generale S.A. has acquired a 50% shareholding in its German fibre joint venture, OXG Glasfaser Beteiligungs-GmbH, from Geodesia Holding S.à r.l. This transaction secures a committed funding partner for OXG, enabling the continued expansion of its fibre network in Germany while allowing Vodafone to maintain strategic flexibility.

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Vodafone Group Plc
30 October 2026
 

29 OCTOBER 2026

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OXG secures new shareholder and funding

Further to the announcement on 1 September 2026, Vodafone Group Plc ("Vodafone") announces that Societe Generale S.A. has completed the acquisition of a 50% shareholding in its fibre joint venture in Germany, OXG Glasfaser Beteiligungs-GmbH ("OXG"), from Geodesia Holding S.à r.l.

The transaction secures a committed funding partner in OXG, enabling the continued expansion of its fibre network in Germany, while maintaining strategic flexibility for Vodafone. 

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About Vodafone

Vodafone is a leading European and African telecoms company.

We serve around 370 million mobile and broadband customers, operating networks in 17 countries with investments in a further three and partners in over 40 more. We have capacity on more than 70 subsea cable systems – the backbone of the internet – and we are developing a new direct-to-mobile satellite communications service to connect areas without coverage. Vodafone runs one of the world’s largest IoT platforms, with over 240 million IoT connections globally, and we provide financial services to around 103 million customers across eight African countries – managing more transactions than any other provider.

From the seabed to the stars, Vodafone’s mission is to connect everyone.

For more information, please visit www.vodafone.com follow us on X at @VodafoneGroup or connect with us on LinkedIn at www.linkedin.com/company/vodafone.

 

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